Wendy future of retail top

Issue 10-23-2017

Trump executive order takes aim at ACA

Trump executive order takes aim at ACA

WASHINGTON — After numerous failed attempts to repeal the Affordable Care Act, President Donald Trump has signed an executive order to relax standards on small businesses that band together to buy health insurance and may take steps to allow the sale of other health plans that skirt the health law’s requirements. The Trump executive order

ScriptPath system unveiled by CVS

ScriptPath system unveiled by CVS

WOONSOCKET, R.I. — CVS Pharmacy aims to improve medication adherence with the rollout of ScriptPath, a new prescription management system for patients on multiple ­medicines. Earlier this month, CVS launched the ScriptPath Prescription Schedule, which pulls all of a patient’s CVS prescription information onto one document and employs icons designating the time of day and

AllianceRx Walgreens Prime up and running

AllianceRx Walgreens Prime up and running

ORLANDO, Fla. — Merging the specialty pharmacy and mail service capabilities of Walgreens and Prime Therapeutics LLC has created a whole that is greater than the sum of its parts, says Joel Wright, chief executive officer of the newly formed AllianceRx Walgreens Prime. Increased purchasing scale and the addition of Prime’s clinical and lives management

Walmart ‘moving with speed to win with customer’

BENTONVILLE, Ark. — The growing convergence of its physical and digital assets has put Walmart in the retail sector’s sweet spot, according to company executives. “We have good momentum in the business, we’re executing our strategy and moving with speed to win with the customer, who is more connected than ever and embracing tools that

Metro agrees to acquire Jean Coutu Group

Metro agrees to acquire Jean Coutu Group

MONTREAL — The acquisition of the Jean Coutu Group by Metro Inc. will create a $16 billion food and drug retailer with 1,307 stores in Quebec, Ontario and News Brunswick. Metro has agreed to purchase Coutu for $24.50 per share in cash and stock in a total deal valued at $4.5 billion ($3.6 billion U.S.).

Walgreens gets help with Rx disposal effort

DEERFIELD, Ill. — Four prominent players in the health care sector are coming together to help combat opioid abuse by increasing the availability of Walgreens medication disposal kiosks. The goal is to collect 300 tons of unwanted medications over the next two years through kiosks at about 1,500 Walgreens stores nationwide. Walgreens now has about

Pharmasave tests clinical program

Pharmasave tests clinical program

VANCOUVER, British Columbia — Thirteen Pharmasave Pacific Ltd. stores in British Columbia are piloting a clinical program to help diabetes patients better manage their condition. The Canadian pharmacy cooperative recently announced that the locations in the province are participating in a pharmacist-led clinical trial in which type 2 diabetes patients use a therapeutic nutrition program

Industry does its part as another natural disaster hits

NEW YORK — Community pharmacy operators continue to respond to an unprecedented string of natural disasters across the United States. CVS Pharmacy, Walgreens, Rite Aid Corp., Discount Drug Mart, Albertsons Cos., Kroger Co. and Walmart are among the community pharmacy operators contributing funds and other assistance. The Albertsons Cos. Foundation organized an in-store fund-raiser to

WBA launches YourGoodSkin line

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is launching YourGoodSkin, scientifically developed products to help prevent skin problems before they occur. The line will be available at selected Walgreens stores and on Walgreens.com in the U.S. and at Boots stores and on boots.com in the U.K. and ­Ireland. Cocreated with scientists, dermatologists and a community

CVS brings Tigi Cosmetics to 2,000 stores

WOONSOCKET, R.I. — CVS Pharmacy has continued its rollout of premium and niche beauty brands with the introduction this month of some 60 products from Tigi Cosmetics at 2,000 CVS drug stores and on the CVS.com website. In addition, Tigi’s assortment will get high-visibility placement on the retailer’s “trend wall,” an innovation introduced this year

Top vendor partners win recognition from Bartell

SEATTLE — Bartell Drugs welcomed more than 150 guests at the company’s 28th annual Vendor Breakfast. Held earlier this month at the Seattle Aquarium, the Bartell Drugs Vendor Breakfast, which featured owners, high ranking executives, product representatives and others, was to thank the vendor and supplier community for its business and support. Bartell’s vendor partnerships

SilverScript outlines Medicare PDP options for next year

WOONSOCKET, R.I. — CVS Health’s SilverScript Insurance Co. announced its new Medicare Prescription Drug Plan options for 2018. Under the new plan, Medicare beneficiaries in the continental U.S. can choose from two SilverScript plans that offer a $0 deductible in 47 states on formulary drugs in all five drug tiers. Drug tiers indicate the level

Diplomat purchases software company

FLINT, Mich. — Diplomat Pharmacy Inc. has acquired 8th Day Software and Consulting LLC. With the purchase, the specialty pharmacy also appointed 8th Day Software founder and chief executive officer Dave Loschinskey as Diplomat’s chief information officer. Loschinskey has served as CEO of 8th Day since launching the firm in 2013. The acquisition calls for

Extension of Tricare pilot sought

ARLINGTON, Va. — The National Association of Chain Drug Stores and the National Community Pharmacists Association have called on lawmakers to extend the Tricare Prescription Drug Acquisition Cost Parity Pilot Program. NACDS and NCPA have sent a letter to House of Representatives and Senate Armed Services Committee leaders urging them to support a one-year extension